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High Street, Shrewsbury SY1 4 bed apartment for sale
High Street, Shrewsbury SY1
£249,000
High Street, Shrewsbury SY1
£249,000
Our Summary
- Guide Price £249,000 * Plus 3% Buyers Premium plus VATFor sale by unconditional online auction
- To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- uk FOR SALE BY ONLINE PUBLIC AUCTIONEXCELLENT OPPORTUNITY TO ACQUIRE THE FREEHOLD AND THREE LEASEHOLD APARTMENTS OR FOR A BUYER TO CONVERT BACK INTO ONE TOWNHOUSE FAMILY HOME (SUBJECT TO PLANNING)PRIME LOCATIONEXCELLENT RENTAL YIELD c10%PRICED BMV FOR SWIFT SALEVIEWINGS AVAILABLE TO SERIOUS PROSPECTIVE PURCHASERS WHO CAN DEMONSTRATE THAT THEY ARE PROCEEDABLE ON AUCTION TERMSA rare investment opportunity to purchase 3 apartments within a Grade II listed building, situated in the heart of Shrewsbury centre
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
Description
A rare investment opportunity to purchase three apartments within a Grade II listed building in the heart of Shrewsbury centre. The property, which is being sold collectively, comprises three apartments: Apartment 3, a two-bedroom property with a living room, kitchen, and bathroom; Apartment 2a, a one-bedroom property with a living room, kitchen, and shower room; and Apartment 2b, a two-bedroom property with a living room, kitchen, and bathroom. The apartments are vacant, except for Apartment 2b, which is tenanted. The property has the potential for a high rental yield of around 10%. The buyer will need to pay a 3%+VAT buyers premium and a 5% deposit, and contracts will be exchanged 28 days after the auction. The seller may consider pre-auction offers prior to the auction date.